Apple still has to repay €13bn

Apple’s announcement that it will pay $38bn (€31bn) in US tax on its overseas cash will not reduce the $16bn tax bill the company owes the Government here following an EU ruling, the European Commission has said, writes Julia Fioretti.

Apple’s announcement that it will pay $38bn (€31bn) in US tax on its overseas cash will not reduce the $16bn tax bill the company owes the Government here following an EU ruling, the European Commission has said, writes Julia Fioretti.

“Nothing has changed,” said a spokesman for the commission, with regards to its 2016 ruling Apple received illegal state aid in Ireland through sweetheart tax deals with the Government.